Airfares increase sharply

According to the Civil Aviation Authority of Vietnam, as of the afternoon of August 29, airfares during the National Day holiday have increased by about 20% compared to a week ago and by 40% compared to the average during the low season.

The Civil Aviation Authority of Vietnam has just reported on the booking and airfare at the stages during the National Day holiday (September 2).

According to According to the Civil Aviation Authority of Vietnam, from August 30 to September 3, domestic airlines operated a total of 4,257 flights, an average of 840 flights/day, an increase of 3% compared to the previous holiday week and an increase of 3.5% compared to the same period last year.

The average number of domestic flights was 600 flights/day, up 5% compared to the previous holiday week and up 2.8% compared to the same period last year. International flights reached 241 flights/day, down 2% compared to the previous holiday week and up 5.1% compared to the same period last year.

The routes connecting the three major cities of Hanoi - Da Nang - Ho Chi Minh City are the most exploited by airlines, with an average of 241 flights/day, an increase of 8% compared to the week before the holiday and an increase of 14.9% compared to the same period last year.

Domestic tourist flights to localities such as Vinh, Binh Dinh, Da Lat, Nha Trang, Phu Quoc reached an average of 171 flights/day, an increase of 2% compared to the previous holiday week.

The increase in flights during the holiday has allowed airlines to provide additional seats to the market. Accordingly, the total number of seats provided on routes from August 30 to September 3 is more than 885 thousand seats, an average of 178 thousand seats/day, an increase of 3.2% over the same period last year.

Airfares are now up 40% compared to the previous low season.

Notably, a survey by the Civil Aviation Authority of Vietnam on airline ticket price data on August 29 showed that ticket prices during the National Day holiday on all flights increased by about 20% compared to a week ago and increased by 40% compared to the average of the previous low season.

For example, on August 31, the price of tickets on the Hanoi - Ho Chi Minh City route of Vietnam Airlines ranged from 2.3-3.5 million VND/way (including meals), an increase of 23%-28%; Vietjet Air had prices ranging from 1.5-2.4 million VND/way, an increase of 25%; Bamboo Airways had prices ranging from 1.7-2.5 million VND/way, an increase of 24%; Vietravel Airlines had about 1.7 million VND/way, an increase of 19% compared to the low season.

For the Hanoi - Da Nang route, Vietnam Airlines has a price of about 2.5 million VND/way, an increase of 40%; Vietjet offers a price of about 2.4 million VND/way, an increase of 60%; Bamboo Airways has a price of 2.2 million VND/way, an increase of 42%.

For the Hanoi - Nha Trang route, Vietnam Airlines has fares of around 2.5-3.2 million VND/way, equivalent to the previous period; Vietjet Air has fares of 2.6-3.5 million VND/way, an increase of about 33%; Bamboo Airways' fares are around 3.2 million VND/way, an increase of 14%.

On some other domestic tourist routes, ticket prices have also increased compared to before, such as airfares for the Hanoi - Phu Quoc route ranging from 2.5 - 4 million VND/way, an increase of more than 60%; Hanoi - Quy Nhon route costs about 2.4 million VND/way, an increase of 25%.

"This is the reason why the management agency always recommends that passengers should plan their travel and book flights early to have more opportunities to choose suitable ticket prices," the Civil Aviation Authority of Vietnam shared.

According to the Civil Aviation Authority of Vietnam, as of August 29, the average booking rate for domestic flights during the National Day holiday period was over 65%. The “head-to-head” nature has formed and is reflected in the booking of domestic flights.

For flights from Hanoi and Ho Chi Minh City to localities, high booking rates appear at the beginning of the holiday season and lower at the end of the holiday season.

On the last day of the holiday (September 3), the booking rate was lower, only one route had a high rate of over 60% such as: Hanoi - Da Lat, Hanoi - Can Tho, Hanoi - Pleiku, Ho Chi Minh City - Hai Phong, Ho Chi Minh City - Pleiku, Ho Chi Minh City - Dong Hoi, especially the Hanoi - Tuy Hoa route had a booking rate of 92.6%.

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